In a dramatic ruling that has sent shockwaves through India’s corporate and legal landscape, the Supreme Court has nullified JSW Steel’s ₹19,700 crore acquisition of Bhushan Power & Steel Ltd (BPSL). The deal, approved under the Insolvency and Bankruptcy Code (IBC) in 2019, was struck down

India’s electronics manufacturing sector may be entering a new phase, as sources indicate that iPhone production has reportedly begun at Tata Electronics’ facility in Hosur, Tamil Nadu. The development is believed to be part of Apple’s ongoing strategy to diversify its manufacturing base away from China and strengthen its footprint in India. According to those […]

In a major strategic shift, Apple Inc. is preparing to relocate the assembly of all iPhones destined for the U.S. market from China to India by the end of 2026. This move is aimed at reducing supply chain risks, diversifying manufacturing operations, and countering rising trade tensions between the United States and China. iPhone Production […]

In a sharp response to recent allegations, Hindenburg Research founder Nate Anderson dismissed suggestions that Israel’s Mossad agency was involved in compiling their report on the Adani Group. Addressing the claims directly, Anderson called them “absurd” and likened them to a “James Bond fantasy.” The controversy stems from recent narratives pushed

In a startling claim, fact-checker Vijay Patel has alleged that Israeli intelligence agency Mossad uncovered a sophisticated international network aimed at discrediting the Adani Group and undermining India’s economic interests. According to Patel, the operation began after Adani Group Chairman Gautam Adani visited Israel on January 31, 2023, to finalize the $1.2 billion

JSW Energy has officially commenced construction of a 1,600 MW ultra-supercritical thermal power plant in Salboni, Paschim Medinipur district, West Bengal. This ₹16,000 crore project, comprising two units of 800 MW each, represents the company’s largest greenfield initiative to date and the most significant private-sector thermal power project in the state. The

India is on the brink of a major technological breakthrough with the announcement that its first-ever indigenous semiconductor chip will roll out by the end of 2025. This landmark development will take place at Tata Electronics’ upcoming semiconductor assembly and test facility in Jagiroad, Assam. With an estimated investment of ₹27,000 crore, the project is […]

Prime Minister Narendra Modi held a telephonic conversation with billionaire entrepreneur Elon Musk, reaffirming India’s commitment to deepening partnerships with the United States in cutting-edge sectors such as electric vehicles, renewable energy, and space technology. The call comes at a time when India is actively courting major tech investors as part of its broader

India’s cotton advisory panel has recommended scrapping the 11% import duty on cotton in a move aimed at boosting the global competitiveness of Indian textile mills and supporting the import of Extra-Long Staple (ELS) cotton essential for high-quality fabric production. Background: Industry Burdened by Duty The 11% import levy, introduced in February 2021 to support […]

The ambitious partnership between Chinese fast-fashion giant Shein and Reliance Retail to establish India as a major global sourcing hub is facing serious headwinds due to rising trade tensions between the United States and China. The deal, which was expected to integrate thousands of Indian micro, small, and medium enterprises (MSMEs) into Shein’s global supply […]